Västra Hamnen Market Focus: Serstech: Improved products to support the trend
- Orders continue to grow in Q1
- Launch of Serstech Arx MKll during Q2
- We maintain our fair value of SEK 1.79 per share
Serstech has continued to show its ability to convert business opportunities into actual deals. In Q1, the order intake amounted to MSEK 25.6, of which MSEK 14.2 was invoiced. We estimated net revenues of MSEK 19.9 for the quarter. The variations between quarters remain, but the trend is positive.
The full report is available here.